News

Stability AI lands a lifeline from Sean Parker, Greycroft

Stability AI, the struggling generative AI startup known for Stable Diffusion, has secured new funding but hasn’t disclosed the amount. In a press release on Tuesday morning, the company announced that Greycroft, Coatue Management, Sound Ventures, Lightspeed Venture Partners, O’Shaughnessy Ventures, and angel investors including Prem Akkaraju, Napster founder Sean Parker, Eric Schmidt, and Robert

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Music

People are using AI music generators to create hateful songs

Bad actors are exploiting AI tools designed for music generation to produce songs with homophobic, racist, and propagandistic themes, and they are also distributing instructions on how to replicate this misuse. ActiveFence, which oversees trust and safety for online platforms, has observed a significant increase in discussions within communities associated with hate speech since March.

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Y Combinator’s Garry Tan supports some AI regulation but warns against AI monopolies

During a recent event at The Economic Club of Washington, D.C., Garry Tan, the president and CEO of Y Combinator, expressed his belief that artificial intelligence may require regulatory oversight. In a conversation with Teresa Carlson, a board member of General Catalyst, Tan covered a variety of topics, including entry into Y Combinator and the

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Elon Musk’s xAI raises $6B from Valor, a16z, and Sequoia

Today, xAI, an artificial intelligence venture initiated by Elon Musk, announced securing a substantial $6 billion in its latest Series B financing round. This significant influx of funds marks one of the most considerable investments in the burgeoning AI sector, positioning xAI to robustly challenge industry giants such as OpenAI, Microsoft, and Google. A consortium

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Bolster, creator of the CheckPhish phishing tracker, raises $14M led by Microsoft’s M12

An email that appears authentic but contains a harmful link is a prevalent and effective tactic used by cybercriminals. Bolster, an AI startup, has developed an innovative method to combat this issue and has secured $14 million in funding to further its initiatives. This includes its free phishing detection service, CheckPhish, and services for its

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UK’s autonomous vehicle legislation becomes law, paving the way for first driverless cars by 2026

The United Kingdom has officially adopted its self-titled “world-leading” self-driving car regulations with the enactment of the Automated Vehicles Act, which has received the final approval required for it to become part of the law. The British government anticipates that autonomous vehicles will be operational on the nation’s roads within the next two years. “The

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